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REEF does not care about Market fluctuation lol
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update:
Close #BTC short
-0.5%
Close #SOL short
I just sent out the Opinion to all of us to discuss.
You can agree or you can disagree from your perspectives. Both are ok but don't try to overreact with negative emotion.
Just remind again: This is personal opinion and we all can discuss.
The reason for my perspective is:
This is the first time BTC has to suffer A Depression
#BTC Same situation as July
But the culprit this time is meme coins 😡
Bitcoin was born after 2008 Depression.
Since 2008, we observed many Economic Crisises but never saw A Depression
Thoughts ??
If a daily of #SOL closes below 120, It will be an worst indicator for other alts or even whole market.
For now, SOL is an indicator for everything.
I don't want to bet here.
Just wait and react.
Risk under your control.
How could you explain how it work behind this movement ?
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Few go as a straight line.
Most go following the fluctuation of Bitcoin.
final shakeout for altcoins in next few days
Btc is already in bottom range
zombies will leave top ranks.
See LTC. It used to be rank 3.
Now rank 22.
#REEF does not care about Market fluctuation
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Due to a conflict in low time frame, we should do nothing till 7th.
For further actions, better wait a bit till 7th.
Unpopular Opinion:
We were already in Bear Market since March 24
This bear should run till Q4 2025.
we closed these in right time at BE
I hope you got update at right time.
we don't predict.
we react following realtime context.
SOLANA 120$ now react like we did at SAND 2.5$ at 2022.
Bear market just started when SAND broke down 2.5$
Once again, I don't bet or predict.
I just react following market context.
Only 2 ones are chosen ones.
It took whole September to go in a straight line.
One is smallcap winner
Other is bluechip winner
There is time to go long
There is time to go short
There is time to go fishing.
Reef this cycle is trading like Trb did last cycle.
Sponsored by Rose Street with 10 setups
Spot buy #BTC at 60k$
Spot buy #SUI at 1.8$
they have high chance to come to top 20 or even top 10.
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